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Prairiland ISD board approves two-year extension with Farmers Bank & Trust

Prairiland ISD Board of Trustees · February 10, 2025
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Summary

Trustees approved extension of the district's depository contract with Farmers Bank & Trust for July 1, 2025 through June 30, 2027; motion by John Dunagan, seconded by Kyle Blanton.

The Prairiland ISD Board of Trustees approved a contract extension with Farmers Bank & Trust to serve as the district's depository for the period July 1, 2025 through June 30, 2027. John Dunagan moved to extend the depository contract and Kyle Blanton seconded; the minutes record the approval.

The minutes list the contract term explicitly (7/1/2025–06/30/2027) but do not provide contract value, interest rates, or other financial terms. Trustees approved the extension as an action item; the supporting contract and any financial attachment should be consulted for full terms.